American Airlines parent AMR Corp. has concluded that the carrying value of the 757 aircraft flown on domestic routes is no longer recoverable and will necessitate a noncash charge of $713 million to write down these assets to their estimated fair values. The bankruptcy judge overseeing AMR's reorga...
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DELTA 767 HITS ASA CRJ900 ON LOGAN AIRPORT TAXIWAY
By
Dino D'Amore
18th July 2011